Zumper
modified
4 Days Ago

Highlights

  • Hardwood floors
  • Prime location
  • Off-street parking
  • Heat
  • Gas stove
  • Recently remodeled kitchen

Location

315 N Franklin St, Madison, WI 53703, USA|Downtown Madison
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Tour 315

Contact

Management

Birwood Property Management

Leasing office

(608) 241-4449

Property Overview

The property at 315 earns a Zumper expert rating of 7.9, reflecting its compelling overall value, with notable features including hardwood floors and a recently remodeled kitchen, supported by excellent ratings of 8 for price and 9 for amenities. Its prime location provides unparalleled access to numerous cultural venues, recreational options, and fitness facilities, making it a standout choice for those seeking a vibrant lifestyle. Additionally, it ranks in the 84.09 percentile for value, showcasing a significant balance between cost and quality in the market.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.9
Very Good
315 is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive

Great for

  • Social life
  • Wellness

Floor plans

1BR/1.0BA1 bed1 bath$1,155 /mo1 unit availableDiscover the charm of this delightful second-floor, one-bedroom apartment, just a block away from the picturesque James Madison Park and the serene Lake Mendota. Your new home comes with essential utilities such as heat, water, and gas which are all included, so you only need to take care of the electricity. Enjoy the convenience of on-site coin-operated laundry and additional basement storage. Off-street parking is also available for a modest monthly fee. Don't miss out on this gem! Call 608-241-4449 to schedule a showing or apply now at www birwood net Secure your perfect spot today!

Let's explore this property.

Amenities for 315

Apartment Amenities

Heat & Water Included

Appliances

Gas RangeRange
Refrigerator

Building

Coin Op LaundryOnsite Laundry

Grounds

Assigned ParkingStorage

Services

Email & Text CommunicationsEmergency Maintenance

Other

Electronic Rent Payments
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Questions about this property’s policies and fees?

Building details

Property details

Units4
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About 315

HomeApartments in MadisonDowntown Madison 315

Discover the charm of this delightful second-floor, one-bedroom apartment, just a block away from the picturesque James Madison Park and the serene Lake Mendota. Your new home comes with essential utilities such as heat, water, and gas which are all included, so you only need to take care of the electricity. Enjoy the convenience of on-site coin-operated laundry and additional basement storage. Off-street parking is also available for a modest monthly fee. Don't miss out on this gem! Call 608-241-4449 to schedule a showing or apply now at www birwood net Secure your perfect spot today!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.9
/10
Very Good
315 is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 315
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 315 is a great option for renters looking for apartments in Downtown Madison. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
315 goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, 315 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
315 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 315 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
315 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

315 is great for:

Social life

  • 318 restaurants within 1 mile of this property
  • 34 theaters, music venues, or sports arenas nearby
  • Area has 48 parks and recreation options
  • 110 museums, art galleries, or cultural centers within 1 mile

Wellness

  • 10 farmers markets or health food stores nearby
  • HVAC systems available onsite
  • There are 25 grocery stores within 1 mile
  • 44 gyms or yoga centers nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 315 compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown Madison

1-bedroom apartments at 315 cost about 24% less than the average rent price for 1-bedroom apartments in Downtown Madison.

Median rents as of Jan 17 2026.
Downtown Madison
Madison
A table of studio rental data trends in Madison
MonthMedian Rent
February 2024$1,150
March 2024$1,256
April 2024$1,225
May 2024$1,257
June 2024$1,293
July 2024$1,363
August 2024$1,345
September 2024$1,313
October 2024$1,177
November 2024$1,205
December 2024$1,250
January 2025$1,248
February 2025$1,311
March 2025$1,304
April 2025$1,343
May 2025$1,334
June 2025$1,361
July 2025$1,391
August 2025$1,281
September 2025$1,140
October 2025$1,165
November 2025$1,195
December 2025$1,195
January 2026$1,215
A table of studio rental data trends in Downtown Madison
MonthMedian Rent
February 2024$1,101
March 2024$1,098
April 2024$1,083
May 2024$1,195
June 2024$1,145
July 2024$1,093
August 2024$1,148
September 2024$1,136
October 2024$1,100
November 2024$1,122
December 2024$1,217
January 2025$1,223
February 2025$1,218
March 2025$1,196
April 2025$1,235
May 2025$1,280
June 2025$1,265
July 2025$1,288
August 2025$1,166
September 2025$1,125
October 2025$1,127
November 2025$1,181
December 2025$1,250
January 2026$1,242

Affordability calculator

Can I afford to live at 315 N Franklin St?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$46,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $46,200 annually to afford this 1-bedroom monthly rent price of $1,155.
For more information on rent affordability, visit our rent calculator.

Schools near 315

Lapham Elementary School

1045 e dayton st

madison, WI, 53703

PK, K-2Public
B+

4K PK Off Site

545 w dayton st

madison, WI, 53703

PKPublic

Marquette Elementary School

1501 jenifer st

madison, WI, 53703

3-5Public
A-
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Internet available near 315

Getting around Madison near 315 N Franklin St

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 315 N Franklin St, Madison

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

7/10
Several bars within a few minutes’ walk

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